[ad_1] Life insurance is the most popular insurance product in the market today. It is a must in any individual’s financial portfolio. It provides life cover to the policyholder for a sum assured amount in return for annual premium (it can be monthly, quarterly or even half-yearly) for a predetermined time period. In the event […]
2 types of standard deduction in income tax for 2022
[ad_1] A standard deduction is basically a deduction allowed in income tax, regardless of the expenses or investments made by an individual. No disclosure/proof of investment/expense bills are required for this type of income tax standard deduction as it is allowed at a standard rate. In India, there are 2 types of standard deduction, as […]